a legal procedure by which two or more parties claiming the same money or property may be compelled to resolve the dispute among themselves in a single action rather than proceeding individually against the party holding the disputed money or property
Origin of interpleader; from Anglo-French entrepleder, to interplead: substantive use of infinitive
A lawsuit brought on behalf of a third party to determine which of two parties is entitled to property held by the third party.
Origin of interpleaderAnglo-Norman enterpleder, to interplead, interpleader; see interplead.
interplead + -er
interpleader - Legal Definition
- An action by the neutral custodian of property to determine its proper owner.
- One who brings such a suit.